Toei Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Earnings Guidance for the half year ending September 2018 and Full Year ending March 2018; Announces Cash Dividend for the Full Year Ended March 31, 2017, Payable on June 30, 2017; Provides Dividend Guidance for the Second Quarter of 2018 and Full Year Ending March 31, 2018
May 15, 2017 at 01:00 am EDT
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Toei Co., Ltd. reported consolidated earnings results for the full year ended March 31, 2017. For the period, the company reported net sales of JPY 128,411 million against JPY 122,834 million a year ago. Operating income was JPY 17,462 million against JPY 16,039 million a year ago. Ordinary income was JPY 20,046 million against JPY 18,630 million a year ago. Profit attributable to owners of parent was JPY 10,959 million or JPY 86.78 per share against JPY 8,688 million or JPY 68.80 per share a year ago. Rate of return on equity was 7.9% against 6.7% a year ago. Cash flows from operating activities were JPY 16,036 million against JPY 17,366 million a year ago. Net assets per share were JPY 1,154.87 against JPY 1,052.08 a year ago.
For the full year ending March 2018, the company expects net sales of JPY 110,900 million, operating income of JPY 12,500 million, ordinary income of JPY 14,600 million, profit attributable to owners of parent of JPY 6,700 million or JPY 53.05 per share.
For the half year ending September 2018, the company expects net sales of JPY 57,500 million, operating income of JPY 6,970 million, ordinary income of JPY 8,000 million, profit attributable to owners of parent of JPY 3,400 million or JPY 26.92 per share.
For the second quarter of 2018, the company expects cash dividend of JPY 3.00 per share.
For the full year of 2017, the company announced cash dividend of JPY 4.00 per share against JPY 4.00 per share a year ago, payable on June 30, 2017.
For the full year of 2018, the company expects cash dividend of JPY 3.00 per share.
TOEI COMPANY, LTD. is a Japan-based company mainly involved in the image related business. It has five business segments. The Image-related segment is engaged in the production, distribution, import and export of theater movies, the production and sale of digital versatile disk (DVD), the production and distribution of television (TV) films, the development of movie films, as well as the advertising agency business, among others. The Distribution-related segment operates direct managed theaters and cinema complexes. The Event-related segment plans and operates the characters in its films and culture events. The Tourism and Real Estate segment is engaged in the leasing of real estate and the operation of hotels. The Construction and Interior Decoration segment is involved in the construction and interior decoration businesses.
Toei Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Earnings Guidance for the half year ending September 2018 and Full Year ending March 2018; Announces Cash Dividend for the Full Year Ended March 31, 2017, Payable on June 30, 2017; Provides Dividend Guidance for the Second Quarter of 2018 and Full Year Ending March 31, 2018